Co-op Bank Offers Quick Loans for Valentine’s Through MCo-opCash

By Milton Were

As Valentine’s Day approaches, Co-op Bank is making it easier for Kenyans to access quick loans through its MCo-opCash mobile loan service. Customers with salary or business accounts can borrow up to KES 1 million instantly without paperwork, phone calls, or collateral, ensuring they can make their celebrations memorable.

How to Apply for an MCo-opCash Loan

Co-op Bank customers can apply for an MCo-opCash loan using a simple process:

• Dial *667# or download the MCo-opCash app.
• Register for free on your mobile phone.
• Log in with your MCo-opCash PIN.
• Select E-loans.
• Check your loan limit.
• Click on Apply Loan and follow the steps.

Once approved, the funds are deposited into the customer’s MCo-opCash wallet, a virtual account linked to their mobile number. The money can be used directly or transferred to their primary Co-op Bank account.

How to Check Your Loan Limit

Customers can determine their borrowing eligibility by:

• Dialing *667#.
• Logging in to the MCo-opCash app.
• Selecting Check Limit.

This provides an instant update on the amount available for borrowing.

Secure and Convenient Payments with a Co-op ATM Card

To enhance convenience, Co-op Bank encourages customers to use their Co-op ATM card for seamless transactions during Valentine’s festivities. The card eliminates the need to carry cash and can be used at multiple outlets.

• The only deduction made is the cost of the item purchased.
• Every transaction requires the customer’s ATM PIN for security.
• The VISA-branded card is accepted for payments in Kenya and abroad.

Easy Payments via PayBill or Till Number

Customers can also make direct payments using *667# or the Co-op Bank app:

Paying via *667#:

• Dial *667# and log in.
• Select option 7 (PayBill/Till).
• Complete the transaction.

Paying via App/Web:

• Log in to the Co-op Bank app or web portal.
• Select ‘Bills’ then ‘Till’ or ‘PayBill’.
• Enter details and confirm payment.

With these flexible financial solutions, Co-op Bank ensures that Kenyans can access funds conveniently and make secure payments. As Valentine’s Day draws near, the bank’s MCo-opCash loans provide a quick, stress-free way for customers to enjoy their celebrations without financial strain.